Rationale report – 10.04.2023

Recommended stocks on – 10.04.2023

(1)         INDIGO -

Ø Buy price : 1909

Ø Strong Support : 1833

Ø Resistance price : 1924 - 1930

Reasons for Buy Recommended –

Some technical distribution pattern has been observed in the stock's price, indicating a potential medium-term bullish.

The moving averages are showing a bullish crossover, these could be interpreted as positive signs.

Recommended stocks on – 02.04.2023

(2)         KOTAK BANK -

Ø Buy price : 1757

Ø Strong Support : 1717

Ø Resistance price : 1774 - 1780

Reasons for Buy Recommended –

Kotak Bank's short-term outlook appears bullish.

The prevailing technical indicators and consensus suggest a bullish short-term outlook for kotak Bank.

Recommended stocks on – 05.04.2023

(3)         ACC -

Ø Buy price : 1707 & 1680

Ø Strong Support : 1670

Ø Resistance price : 1727 - 1740

Reasons for Buy Recommended –

The stock is showing short-term bullish momentum.

ACC Ltd. is a high-quality cement stock that will benefit from India’s long-term infrastructure and housing growth. With Adani Group backing, strong demand, and improving margins, ACC is a solid long-term investment.